Worcester Telegram & Gazette: Economists optimistic about Mass. economy
The Worcester Telegram & Gazette published an article discussing the latest analysis of the Massachusetts economy, as presented in a summary by MassBenchmarks economists. MassBenchmarks is the journal of the Massachusetts economy published in cooperation with the Federal Reserve Bank of Boston. Members of the editorial board include economists from UMass, Northeastern University, Boston University, Harvard, MIT, Wellesley College, the Federal Reserve Bank of Boston, Federal Deposit Insurance Corp., and State Street Corp. They meet quarterly and release a summary of their discussions.
The MassBenchmarks board expects the Massachusetts economy to continue to grow modestly in the coming months, despite the threat posed by the automatic federal spending cuts that took effect this weekend. The improving real estate market, an unemployment rate that remains below the national average and a rebound in exports to Europe and China will help bolster the state’s growth.
Read article: Economists optimistic about Mass. Economy
March 02, 2013